Fundalysisby DARKHORSESTOCKS

Scheme

Axis Value Fund

Holds 86 companies worth ₹1,707 Cr in Sept 2026.

  • Fund house

    AxisThe fund house that runs this scheme.

  • AUM

    ₹1,839 CrAxis Value Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 1.8% on Aug 2026, ₹1,873 Cr.

  • Largest holding

    ICICI BankICICI Bank is 5.3% of this scheme's NAV.

  • Fund manager

    Nitin AroraRuns its co-manager part since 26 May 2023, as the fund house dates it. With Krishnaa N (overseas).

Overview(6 Oct 2026)

Fund managers2

  1. Nitin AroraCo-manager, equity · May 2023 · 13y
  2. Krishnaa NOverseas · Mar 2024
  1. Sachin RelekarApr 2024 – Dec 2024

Key facts

Benchmark
NIFTY 500 TRI
Risk
Very High
Expense
Regular 2.27% · Direct 0.92%
Exit load
20% within 12 months
Started
22 Sept 2021
Minimum
₹100

Source.Its Scheme Summary Document as of 6 Oct 2026 at AMFI.

What changed(27 changes)

Oct 2026

1 change
  1. Expense ratio
    5 OctDirect 0.93% → 0.92%

Sept 2026

1 change
  1. Expense ratio
    10 SeptRegular 3.35% → 2.27%Direct 1.94% → 0.93%

May 2026

1 change
  1. Expense ratio
    17 MayRegular 2.11% → 3.35%Direct 0.69% → 1.94%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(May 2023 – now)

  1. Nitin Arora
  2. Krishnaa N
  3. Sachin Relekar
MainCoSlice202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Oct 2026)

Every change to the expense ratio, newest first.
26 changesRegularDirectΔ pt
5 Oct 20262.27%0.92%0.01
10 Sept 20262.27%0.93%1.01
17 May 20263.35%1.94%1.25
24 Feb 20262.11%0.69%0.04
18 Jan 20262.13%0.73%0.04
17 Dec 20252.17%0.77%0.01
13 Nov 20252.18%0.78%0.02
26 Sept 20252.20%0.80%0.05
23 Jun 20252.25%0.85%0.01
4 Jun 20252.25%0.84%0.04
7 May 20252.29%0.88%0.01
16 Apr 20252.30%0.89%0.02
9 Apr 20252.32%0.91%0.02
25 Mar 20252.31%0.89%0.02
25 Feb 20252.33%0.91%0.02
10 Feb 20252.32%0.93%0.02
29 Jan 20252.34%0.95%0.02
16 Jan 20252.32%0.93%0.02
30 Dec 20242.32%0.91%0.02
10 Dec 20242.32%0.93%0.01
28 Nov 20242.33%0.94%0.01
30 Oct 20242.34%0.95%0.01
16 Oct 20242.35%0.96%0.01
23 Sept 20242.36%0.97%0.01
30 Aug 20242.35%0.96%0.01
21 Aug 20242.36%0.97%–
Direct plan, 5 Oct 2026
0.92%
Regular plan 2.27% · Exit load 20% within 12 months
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(6 Oct 2026)

Objective

To generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities by following value investing strategy. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
(An open ended equity scheme following a value investment strategy)
Benchmark
NIFTY 500 TRI

Asset allocation it may hold% of NAV

  1. Equity and Equity related instruments
    Allowed80–100%Holds93.0%
  2. Debt & Money Market Instruments
    Allowed0–20%Holds7.0%
  3. Units issued by InvITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.93.0% equity · 7.0% debt and cash

How to invest(6 Oct 2026)

Buying

To start
₹100, then in multiples of ₹1
To add
₹100, then in multiples of ₹1
Systematic
SIP - Daily / Weekly / Monthly / Yearly, Choti SIP - Monthly ; SWP - Weekly / Monthly / Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly
Dates
SIP - Except 29,30 and 31 all dates, SWP - Any Business Day, STP - Daily, Weekly all days, Fortnightly - alternate Wednesday, Monthly and Quarterly 1,7,10,15 and 25
Minimum
SIP Daily - 10, Weekly - 100, Monthly 100.00, SIP Yearly - 12000.00 SWP - 1000 STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000.00. Choti SIP - Maximum one SIP under the facility of exactly equal to Rs. 250/- is allowed. The facility is restricted to three SIP’s across all Mutual Funds (one each in upto three Asset Management Companies)., then in multiples of ₹1
Instalments
SIP Daily -6, Weekly - 6, Monthly - 6 SIP - Yearly - 3, Choti SIP - 60 installments at the time of registration ( If the tenure is below or above 5 years then SIP will be considered as Normal SIP. However, if investor desires to stop or withdraw the SIP investment prematurely, there is no restriction); SWP - Weekly - 5, Monthly - 6, Quarterly - 4, Halfyearly - 4, Yearly - 2 STP - Daily -6, Weekly - 6, Fortnightly -6, Monthly - 6, Quarterly -2.

Selling and switching

Scheme details(6 Oct 2026)

What it is

Category
Value Fund
Offer
2 Sept 2021 to 16 Sept 2021
Started
22 Sept 2021
Reopened
28 Sept 2021
Plans
Direct IDCW Direct Growth Regular IDCW Regular Growth
Face value
₹10
Listed
Unlisted

How it is run

Swing pricing
No
Side-pocketing
Yes
Custodian
DEUTSCHE BANK AG
Auditor
B S R & Co. LLP
Registrar
Kfintech Ltd
SEBI code
AXIS/O/E/VAF/20/09/0048